Details of each country's plans to implement the EIB Group’s Guarantee Facility

Declan O'Farrell made this access to documents request to European Investment Bank

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European Investment Bank did not have the information requested.

Declan O'Farrell

Dear European Investment Bank,

Under the right of access to documents in the EU treaties, as developed in Regulation 1049/2001, I am requesting documents which contain the following information:

Details of each country's plans to implement the EIB Group’s Guarantee Facility, particularly the final interest rates payable by SMEs under the national schemes

Yours faithfully,
Declan O'Farrell

Avenue du Congo, 1
Brussels

EIB Infodesk, European Investment Bank

Dear Mr. O'Farrell,

Thank you for your message regarding your access to documents request of
24 July 2020 sent to the European Investment Bank (EIB) via the
AsktheEU.org website.

We would like to confirm that your request is still being handled by the
Bank in accordance with the provisions of the EIB Group Transparency
Policy
(http://www.eib.org/infocentre/publicatio...).

Given the complexity of your request, and in line with Articles 5.23 and
5.24 of the EIB Group Transparency Policy, we have extended the time limit
to respond. We expect to be able to get back to you shortly and within the
30 working days extended deadline foreseen in the Transparency Policy for
such cases.

We thank you in advance for your understanding.

Yours sincerely,

Infodesk Team
European Investment Bank
[EIB request email]
_______________________
For more details concerning EIB procedures for handling information
requests, please refer to the EIB Group "Transparency Policy": (
[1]http://www.eib.org/infocentre/publicatio...
). If you have any questions, do not hesitate to contact us.
___________________________________________________________
From: [FOI #8395 email]
To: [email address]
Cc:
Sent: 24/07/2020 11:01:16
Subject: access to documents request - Details of each country's plans to
implement the EIB Group’s Guarantee

Dear European Investment Bank,

Under the right of access to documents in the EU treaties, as developed in
Regulation 1049/2001, I am requesting documents which contain the
following information:

Details of each country's plans to implement the EIB Group’s Guarantee
Facility, particularly the final interest rates payable by SMEs under the
national schemes

Yours faithfully,
Declan O'Farrell

Avenue du Congo, 1
Brussels

-------------------------------------------------------------------

This is a request for access to information under Article 15 of the TFEU
and, where applicable, Regulation 1049/2001 which has been sent via the
AsktheEU.org website.

Please kindly use this email address for all replies to this request:
[FOI #8395 email]

If [EIB request email] is the wrong address for information requests to European
Investment Bank, please tell the AsktheEU.org team on email
[email address]

This message and all replies from European Investment Bank will be
published on the AsktheEU.org website. For more information see our
dedicated page for EU public officials at
[2]https://www.asktheeu.org/en/help/officers

Please note that in some cases publication of requests and responses will
be delayed.

-------------------------------------------------------------------

______________________________________
EIB Request Reference: IFD000010249586

show quoted sections

References

Visible links
1. http://www.eib.org/infocentre/publicatio...
2. https://www.asktheeu.org/en/help/officers

InfoDesk, European Investment Bank

Dear Mr O’Farrell,

We refer to your request of 24 July 2020 sent to the European Investment
Bank (EIB) via the AsktheEU.org website, requesting details of each
country's plans to implement the EIB Group’s Guarantee Facility,
particularly the final interest rates payable by SMEs under the national
schemes.  Your request has been handled in line with the EIB Group
Transparency Policy (EIB-TP) ^[1] .

 

We understand your request to be related to the Pan European Guarantee
Fund, managed by the EIB Group in response to the outbreak of the COVID-19
pandemic in the European Union.  This Fund is an EIB Group initiative,
meaning that both the European Investment Bank and the European Investment
Fund (EIF) are expected to deploy the programme. The EIF will be managing
the products for SMEs, whereas the EIB will focus on the Mid-Caps and
Large Corporates.

 

The EIB Group is still in the process of discussing contributions with
Member States and the final list of contributors, as well as the amounts
concerned, is therefore not yet known. 

 

The EIF debt products will take the form of guarantees and are expected to
be provided either free of charge or against a fee depending on the
guarantee coverage. Other products will be remunerated in line with the
State aid requirements currently under discussion with the European
Commission. 

 

The EIF’s guarantees will be provided to SMEs through financial
intermediaries that will price their loan products using internal pricing
policies and will reflect the impact of the guarantee on final conditions.

 

There will be no fixed pricing for the programme as a whole, or by Member
State.  As with all loans for SMEs, the terms of the loans are set by the
intermediary but the client must receive a financial advantage reflecting
the impact of our funding. They must be informed of this by the
intermediary.

 

We hope you find this information useful, and remain at your disposal
should you require any further information. ^[2]

 

Yours sincerely,

 

Infodesk Team

European Investment Bank

[1][EIB request email]   

 

[1] [2]www.eib.org/en/publications/eib-group-transparency-policy

[2] In line with Article 5.31 of the EIB Group Transparency Policy, please
be informed that, should you consider this reply as unsatisfactory, you
have the right to make a confirmatory application or lodge a complaint
with the EIB Group Complaints Mechanism.

 

_______________________
For more details concerning EIB procedures for handling information
requests, please refer to the EIB Group "Transparency Policy": (
[3]http://www.eib.org/infocentre/publicatio...
). If you have any questions, do not hesitate to contact us

 

___________________________________________________________
From: [4][email address]
To: [5][FOI #8395 email]
Cc:
Sent: 24/07/2020 11:36:39
Subject: RE: access to documents request - Details of each country's plans
to implement the EIB Group’s Guarantee

Dear Mr. O'Farrell,

Thank you for your message regarding your access to documents request of
24 July 2020 sent to the European Investment Bank (EIB) via the
AsktheEU.org website.

We would like to confirm that your request is still being handled by the
Bank in accordance with the provisions of the EIB Group Transparency
Policy
([6]http://www.eib.org/infocentre/publicatio...).

Given the complexity of your request, and in line with Articles 5.23 and
5.24 of the EIB Group Transparency Policy, we have extended the time limit
to respond. We expect to be able to get back to you shortly and within the
30 working days extended deadline foreseen in the Transparency Policy for
such cases.

We thank you in advance for your understanding.

Yours sincerely,

Infodesk Team
European Investment Bank
[7][EIB request email]
_______________________
For more details concerning EIB procedures for handling information
requests, please refer to the EIB Group "Transparency Policy": (
[8]http://www.eib.org/infocentre/publicatio...
). If you have any questions, do not hesitate to contact us.
___________________________________________________________
From: [9][FOI #8395 email]
To: [10][email address]
Cc:
Sent: 24/07/2020 11:01:16
Subject: access to documents request - Details of each country's plans to
implement the EIB Group’s Guarantee

Dear European Investment Bank,

Under the right of access to documents in the EU treaties, as developed in
Regulation 1049/2001, I am requesting documents which contain the
following information:

Details of each country's plans to implement the EIB Group’s Guarantee
Facility, particularly the final interest rates payable by SMEs under the
national schemes

Yours faithfully,
Declan O'Farrell

Avenue du Congo, 1
Brussels

-------------------------------------------------------------------

This is a request for access to information under Article 15 of the TFEU
and, where applicable, Regulation 1049/2001 which has been sent via the
AsktheEU.org website.

Please kindly use this email address for all replies to this request:
[11][FOI #8395 email]

If [12][EIB request email] is the wrong address for information requests to
European Investment Bank, please tell the AsktheEU.org team on email
[13][email address]

This message and all replies from European Investment Bank will be
published on the AsktheEU.org website. For more information see our
dedicated page for EU public officials at
[14]https://www.asktheeu.org/en/help/officers

Please note that in some cases publication of requests and responses will
be delayed.

-------------------------------------------------------------------

______________________________________
EIB Request Reference: IFD000010249586

______________________________________
EIB Request Reference: IFD000010249586

show quoted sections

References

Visible links
1. mailto:[EIB request email]
2. http://www.eib.org/en/publications/eib-g...
3. http://www.eib.org/infocentre/publicatio...
4. mailto:[email address]
5. mailto:[FOI #8395 email]
6. http://www.eib.org/infocentre/publicatio...
7. mailto:[EIB request email]
8. http://www.eib.org/infocentre/publicatio...
9. mailto:[FOI #8395 email]
10. mailto:[email address]
11. mailto:[FOI #8395 email]
12. mailto:[EIB request email]
13. mailto:[AsktheEU.org contact email]
14. https://www.asktheeu.org/en/help/officers